Thailand: New Rama X Banknotes Unveiled

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NEW RAMA X BANKNOTES UNVEILED

By Teeranai Charuvastra, Staff Reporter
March 8, 2018 11:51 am

BANGKOK — The Bank of Thailand on Thursday released images of new currency bearing the portraits of King Vajiralongkorn.

The new set will enter circulation April 6 – the 236th anniversary of the founding of the Chakri dynasty – according to a statement released online by the central bank.

It replaces the current banknotes that have displayed the face of King Bhumibol for 70 years, but the former currency will still be legal tender, the bank said.

The front of the new the banknotes show a portrait of King Vajiralongkorn in his air force commander uniform. All 10 past and current kings of the Chakri dynasty grace the back of each denomination in pairs beginning with the 20 baht note. King Vajiralongkorn and his father, Rama IX, are featured on the back of the largest bill of 1,000-baht notes.

The first set of notes in 20-, 50- and 100-baht denominations will be released on April 6, or Chakri Day. The 500 baht and 1,000 baht bills will come out three months later on the king's birthday of July 28.

The federal bank also uploaded a digital collection of all past banknotes released under King Rama IX on their website.

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Thailand's new 1,000-baht banknote wins international award

The first issue of 1,000 baht banknotes of the reign of His Majesty King Maha Vajiralongkorn has won The Best New Banknote Award at the High Security Printing Asia 2018 international conference held in Hanoi, Vietnam.

The banknote was cited for its unique printing technology using the optically variable magnetic ink (OVMI), the first of its kind for Thai banknotes which creates three-dimensional moving patterns and switching colours when observing from different angles.

It was named the Best New Banknote at the three-day High Security Printing Asia 2018 forum in Hanoi that ended on Wednesday, according to the Bank of Thailand's announcement on Friday.

Source: Thai Visa